What to Consider When Buying Life Insurance

Life insurance is incredibly important because it will help ease your mind knowing that your loved ones will be financially safe if you were to pass away unexpectedly. While it is a tough subject to try and be open about, it is one that is important to protecting your loved ones.

There are many aspects of life insurance to consider when looking at all of the policy details. Questions may run through your head, such as what you should be looking for in a policy and whether the life insurance policy you’re considering will actually meet your needs. The experts at Evan, Ewan & Brady Insurance Agency will be able to help decide what policy is the best fit for you. We have given you some things to think about in this blog; if you have additional questions, contact our team today.

3 Things to Consider

With all of the things to consider, we have written out a few:

The Difference Between Term & Whole Life Insurance

Term life insurance provides coverage for specific and limited amount of time. Whole life insurance is designed for an individual’s entire life. There are other differences between the two: Term life insurance typically has a lower premium, but whole life insurance has a cash value that accumulates over the life of the policy.


It is important to secure an affordable life insurance policy, not just for now, but for the future as well. Often when people are cutting budgets, life insurance is one of the first things they stop paying for. A policy that is affordable long-term will guarantee that you can hold onto it if you make any serious budget cuts.

How to Determine Coverage

The amount of money your loved ones will receive is called a death benefit. To calculate a proper amount of life insurance, remember to include both one-time expenses and ongoing expenses, such as a mortgage payment. Discussing with your agent the amount needed, based on income and other expenses, will help everyone be prepared.

There are many other things to consider when purchasing life insurance. These three things are critical to making a decision when it comes to purchasing life insurance.

Contact Evans, Ewan & Brady Insurance Agency

It’s impossible to say which type of life insurance is best, because the coverage that’s right for you depends on your unique circumstances and financial goals. But with the talented team at Evans, Ewan & Brady Insurance Agency, we’ll figure out the amount and type of life insurance that makes sense for your particular situation.

To get started with life insurance options with Evans, Ewan & Brady Insurance agency, give us a call at 512-869-1511 or contact us online.

Posted 1:43 pm